Live Nation Seeks New Trial as 33 States Push Ticketmaster Breakup

11 articles · Updated · CBC Sports · May 21

Hours after 33 states and Washington, D.C., asked a New York federal court to break up Live Nation and Ticketmaster, the company moved to overturn April’s monopoly verdict and win a new trial.
The motions follow a six-week antitrust trial in which a jury found Live Nation used its control of tours, venues and ticketing to coerce venues into using Ticketmaster or risk losing major acts.
The states want fan compensation, tighter industry restrictions and divestitures including Ticketmaster and Live Nation’s amphitheaters, while the company says the verdict cannot legally justify a breakup.
Live Nation executive Dan Wall argued the jury found monopolization of only 20% of the primary ticketing market and called the breakup request political; the judge is not expected to hear remedies arguments for months.

Why did 33 states reject a massive settlement to demand the complete breakup of Ticketmaster?

A jury found Ticketmaster overcharged fans. How much compensation could millions of concertgoers actually get back?

Could dismantling the Ticketmaster monopoly accidentally make concert tickets even more expensive for fans?